9550 Emmett F Lowry Expy Texas City, TX 77591
- Commercial real estate
- 23,660 SF
- 1.99 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9550 Emmett F Lowry Expy
- Year built
- 1999
- Lot size
- 1.99 lot acres
- Property size
- 23,660 SF
- Property type
- Commercial real estate
- APN
- 4916-0001-0000-001
- APU
- 491600010000001
Description
This exceptional freestanding retail building, totaling 23,560 square feet, presents a unique owner-user or investment opportunity. Situated on a two-acre outparcel within the Mainland Crossing shopping center in Texas City, Texas, this single-tenant property offers significant visibility and accessibility. Built in 1999, the one-story structure is zoned District E General Commercial and boasts frontage on Emmett F Lowry Expy (FM 1764), with convenient cross-access via Century Blvd. The property's previous occupant was an Office Depot store, providing a solid foundation for a variety of retail uses. The expansive lot size provides ample parking and potential for future expansion or development. This prime location in Texas City, with its zip code 77591, offers excellent exposure to a substantial customer base. The property is available for sale or lease, making it an attractive option for both investors and end-users seeking a well-positioned retail space in a thriving commercial area. The building's single-story design and spacious layout offer flexibility for various retail configurations. This is a rare opportunity to acquire a significant retail property in a high-traffic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,070,000
- 6.5%
- $1,175,000
- 7%
- $1,110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,185,000
- Geo Method
- $1,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,055,000
- Retail
- $1,140,000
- Mixed-Use
- $1,100,000
- Hospitality
- $1,085,000
- Educational
- $1,225,000
- Residential Income
- $985,000
- Energy
- $1,195,000
- Income-Based Land
- $1,120,000
- Food Service
- $1,265,000
Location Insight
- Map
- Local Demand
- City
- Texas City
- County
- Galveston
- State
- Texas
- Longitude
- -95.0176
- Latitude
- 29.4019
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
